The Kobeissi Letter, Mark Minervini, John, and Jesse Cohen all emphasize rising bearishness and volatility, with some pointing to counter-trend rally setups as fear spreads.
Bearish sentiment is through the roof:
Oil is surging, volatility is expanding, and sentiment is quickly turning bearish
$SPY making a lower low and VIX not making a higher high.
Another brutal Wipeout on Wall Street.
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